Nifty Bank IndexUpdated Banknifty Intraday Analysis for 26th June 2024
BANKNIFTY Maximum Call writing near CMP is at 54000 strike with 40.40 Lakh followed by 27.91 Lakh at 53500 Strike and 27.59 Lakh at 53000 strike and Put writing of 47.50 Lakh at 51000 Strike followed by 43.12 Lakh at 52000 Strike and 34.93 Lakh at 51500 strike. Index is closed near 52605 level.
Index has resistance near 53000 level and if index crosses and sustain above 53100 level then may reach near 56500 level. If Index crosses and sustain above 53600 level, then may reach near 54000 level.
Index has immediate support near 52200 – 52000 range and if this support is broken then index may tank near 51600 – 51500 range.
Trade closed: target reached
Open flat and made low near 52380 and bounced with high 52990 level.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.